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Microsoft CEO-Backed GROWW Files for $9 Billion IPO as India's Largest Fintech Public Debut
GROWW filed for India's largest fintech IPO Tuesday, seeking a $9 billion valuation backed by Microsoft CEO Satya Nadella and major VCs. The retail brokerage plans to raise $800 million, becoming the first Indian startup to go public after relocating from Delaware to India, testing investor appetite for profitable fintech growth stories.
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